Gold Loans

Gold loans, fee income to power Capri Global; JM Financial starts coverage

JM Financial said the non-bank lender's diversified retail-focused franchise, strong asset quality and expanding non-interest income engine position it well for sustained growth.

Gold-price volatility likely to cap gains for Muthoot Finance's stock

Muthoot Finance posted robust Q2FY26 earnings driven by higher gold prices and strong AUM growth, but analysts flag risks from yield pressure, NIM compression and regulatory uncertainty

Gold loan or gold overdraft? Know the smarter way to borrow against gold

Gold loans offer structure, overdrafts offer flexibility. Here's how to pick the smarter way to borrow against your gold.

Muthoot, Manappuram Fin shares fall as much as 5% as gold prices retreat

Muthoot Finance shares have risen 47 per cent so far this year, while Manappuram Finance was up 48 per cent

RBI tightens gold loan rules: What changes in repayment, valuation, auction

Regulatory changes seek to ensure more discipline, transparency and protection for borrowers

RBI eases small business loan rules, expands lending scope against gold

With the revised rules, lenders can now extend working capital loans to any business that relies on gold as a raw material, expanding credit access beyond the jewellery sector

Muthoot Finance shines in Q1FY26 with strong AUM, margin, gold loan growth

Muthoot Finance reported strong Q1FY26 results with 42% YoY AUM growth, improved asset quality, higher yields and strong recoveries as gold loans drove profitability

Muthoot, Manappuram can rally more despite up to 55% rise in 2025: Analysts

Shares of Muthoot Finance have surged 37.7 per cent so far in CY-25, while that of Manappuram Finance have rallied 54.6 per cent. Gold has surged 42 per cent in 2025

India's consumption loans rise 14.5% in Q1FY26, led by gold loans

India's consumption loans grew 14.5% YoY in Q1FY26 to Rs 105.6 trillion, driven by gold loans, while personal loan growth slowed and credit card originations dropped sharply

Muthoot Microfin targets ₹20,000 crore AUM by FY27: CEO Sadaf Sayeed

Muthoot Microfin plans to grow AUM from ₹12,253 cr to ₹20,000 cr by FY27, raising secured loan share to 35% through LAP, gold co-lending and individual lending products

RBI's new rule on gold-backed loan will lead to biz model adjustment: S&P

The RBI's new rules on lending against gold will lead to business model adjustment, and operational agility, service excellence will remain the key differentiator between lenders, S&P Global Ratings said on Thursday. Earlier this month, the RBI raised the loan-to-value (LTV) ratio for lending against gold to 85 per cent for borrowings under Rs 2.5 lakh from the present 75 per cent. The LTV ratio has been fixed at 80 per cent for loan amounts between Rs 2.5-5 lakh and 75 per cent for loans above Rs 5 lakh. Lenders have time until April 1, 2026, to prepare for the changes. In its report titled 'India's new rules on gold-backed loans may reshape the competitive landscape', S&P said the Reserve Bank of India's new rules on gold-backed loans will likely lead to business model adjustments in the country's booming lending niche. "In our view, operational agility and service excellence will remain the key differentiator between lenders," S&P said. S&P Global Ratings credit ...

Share of small-ticket gold loans to rise as RBI eases the LTV norms

Repo rate cut, liquidity infusing to aid NBFCs performance

Capri Global shares zoom 13% in trade today; why are investors buying?

Capri Global Capital share price jumped 13 per cent in trade; Here;s what is driving rally today

Monetary policy review: LTV ratio upped for gold-backed loans up to ₹5L

New guidelines exempt small-ticket gold loans from strict credit appraisal, aiming to boost formal sector lending and ease access for rural and semi-urban borrowers

RBI to raise gold lending LTV to 85% for loans under Rs 2.5 lakh: Malhotra

The Reserve Bank is all set to raise the loan-to-value (LTV) ratio for lending against gold to 85 per cent for loans under Rs 2.5 lakh from the present 75 per cent, Governor Sanjay Malhotra announced on Friday. Speaking to reporters at the central bank headquarters, Malhotra said the relaxation will come with riders, and pointed out that both principal as well as interest will be included while computing the LTV as against the current industry practice of sticking only to the principal. "The LTV was 75 per cent till now. We are expanding it to 85 per cent for small loans of below Rs 2.5 lakh per borrower," Malhotra said, adding that this will be included in the final regulation on gold lending which has been in the works for some time. He said the revised norms are aimed at regulating the category in a better way with minimum risk. The Governor said state-owned lenders have been including both interest and principal while making gold loans under the current LTV limit of 75 per cent

RBI set to ease rules for small-ticket gold loans: Guv Sanjay Malhotra

In April, the Reserve Bank of India had proposed stricter rules for monitoring and disbursement of gold loans, which are often used by low-income borrowers

FinMin suggests RBI to give relief for borrowers under ₹2 lakh gold loan

In April, the RBI released draft norms mandating, among other requirements, that borrowers furnish proof of ownership for the gold used as collateral

Muthoot Finance soars 7% as FinMin seeks exemptions for gold loan norms

Shares of Muthoot Finance rose nearly 7 per cent on Friday after the government asked RBI to ensure small borrowers are not affected

Lenders told to monitor gold loan portfolios, ensure checks in place: RBI

RBI urges banks and NBFCs to improve gold loan oversight, citing lapses in LTV monitoring, risk assessment, and auction transparency in its annual report

Indel Money aims to double AUM to ₹4,000 cr by FY26 on gold loan demand

Gold loan financier Indel Money on Wednesday said it expects to double asset under management (AUM) to Rs 4,000 crore in FY26 helped by rising demand for gold loans. The company's AUM stood at Rs 2,400 crore in the financial year ended in March 2025. Indel Money is aiming to achieve Rs 10,000 crore in disbursements and Rs 4,000 crore in AUM during the current financial year, the company said in a statement. The company opened 89 branches in the fiscal year, taking the total number to 365. It has a presence in 12 states and three Union Territories as of March 31, 2025. The company has also reported a profit of Rs 61 crore for the year, registering a 10 per cent growth year on year, it said. Indel Money reported NPA at 1.35 per cent of its assets, which highlights a significant improvement in asset quality against last year's 3.17 per cent, it said. "The overall credit situation will also improve. As a result, domestic consumption will gather steam in the days to come. Naturally, g